---
schema_version: "secwatch.filing_event.v1"
accession: "0000319201-23-000037"
form_type: "8-K"
ticker: "KLAC"
cik: "0000319201"
company_name: "KLA CORP"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T11:55:20.385188+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KLA beats Q1 guidance with revenue $2.40B, EPS $5.74 non-GAAP; dividend up 11.5%

## Summary
- Q1 revenue $2.40B at high-end of guidance ($2.35B +/- $125M); GAAP EPS $5.41, non-GAAP $5.74, both at upper end.
- Cash flow from operations $883.7M; free cash flow $815.7M; capital returns $636.9M for the quarter.
- Quarterly dividend raised 11.5% to $1.45/share from $1.30; share repurchase authorization increased by $2B.
- Q2 FY2024 guidance: revenue $2.45B +/- $125M; GAAP EPS $5.54 +/- $0.60; non-GAAP EPS $5.86 +/- $0.60.

## SEC filing metadata
- accession: 0000319201-23-000037
- form_type: 8-K
- ticker: KLAC
- cik: 0000319201
- company_name: KLA CORP
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319201/000031920123000037/0000319201-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319201/000031920123000037/klac-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000319201-23-000037
- JSON: https://secwatch.observer/filing/0000319201-23-000037.json
- Plain text: https://secwatch.observer/filing/0000319201-23-000037.txt

## Key facts
- Earnings Releases
  KLA CORP reported first quarter of fiscal year 2024 ended September 30, 2023 results: revenue $2.40 billion, net income $741.4 million, EPS $5.41 per diluted share.
  - Period: first quarter of fiscal year 2024 ended September 30, 2023
  - Revenue: $2.40 billion
  - Net income: $741.4 million
  - EPS: $5.41 per diluted share
  - Result: reported results
  source text: Communications Officer (408) 875-6627 (408) 875-6633 kevin.kessel@kla.com randi.polanich@kla.com KLA Corporation Reports Fiscal 2024 First Quarter Results • Total revenues were $2.40 billion, at the upper end of the guidance range of $2.35 billion +/- $125 million; • GAAP and non-GAAP diluted EPS attributable to KLA was $5.41 and $5.74, respectively, each finishing
  evidence_url: https://www.sec.gov/Archives/edgar/data/319201/000031920123000037/0000319201-23-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.